Define: "Chargeback Model" in Business
High risk of unnecessary meetings
"Over-provision your lab gear and quietly hide the compute costs in the HR department's infrastructure."
An IT accounting strategy that applies the costs of IT services to the business unit in which they are used.
What does "Chargeback Model" actually mean?
"A convoluted internal tax scheme where we charge the sales department fake money for virtual servers so the CIO can pretend IT is a profit center."
"The new storage array costs will be allocated using our internal chargeback model."
"The new chargeback model means the marketing team is suddenly very concerned about why their WordPress site costs $400 a month."
By The Chief Waste Officer
18 years in the corporate trenches quantifying waste so you don't have to.
Related Terminology
Tired of hearing this?
Next time someone says "Chargeback Model" in a meeting, track exactly how much company money they just wasted. Play Buzzword Bingo, generate a waste invoice, and stop the bleeding.
